Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
EPA Honors 30 ATA Members for SmartWay Excellence
SAN DIEGO — Thirty American Trucking Associations members received the U.S. Environmental Protection Agency’s SmartWay Excellence Award at the federation’s Management Conference & Exhibition on Oct. 7.
Republican Leaders Urge Congressional Action on USMCA
The new trade agreement President Donald Trump negotiated with the country’s neighbors to the north and south is policy Congress should consider, said Vice President Mike Pence.
Mack Introduces Extended Chassis Fairing, Integrated ELD Option
SAN DIEGO — Mack Trucks has introduced an extended chassis fairing option for its Mack Anthem models to enhance fuel economy through improved aerodynamics.
Industry Representatives Honored With Trucking Awards
SAN DIEGO — Rhode Island Trucking Association President Chris Maxwell received the President’s Trucking Association Executives Council Leadership Award at American Trucking Associations’ annual industry gathering Oct. 7.
Mike Ducker Presented 2019 Trucking Cares Foundation Award
SAN DIEGO — Former FedEx Freight CEO Mike Ducker was presented the 2019 Trucking Cares Foundation Premiere Achievement Award at American Trucking Associations’ 2019 Management Conference & Exhibition on Oct. 7.
October 7, 2019Diesel Price Slips 1.9¢ to $3.047 a Gallon
The U.S. average retail price of diesel slipped 1.9 cents to $3.047 a gallon, the Department of Energy reported Oct. 7, marking the third consecutive decline whereby the price has fallen 3.4 cents a gallon in the period.
SkyBitz, Omnitracs Form Fleet Telematics Partnership
SAN DIEGO — Trailer-tracking provider SkyBitz and in-cab technology supplier Omnitracs have formed a partnership to offer expanded fleet management services to joint customers, the companies announced Oct. 7.
Trump to Sign US-Japan Trade Deal That Benefits Farmers
WASHINGTON — President Donald Trump is scheduled to sign a limited trade agreement Oct. 7 with Japan, a deal that would win back benefits American farmers lost when Trump pulled out of a broader Asia-Pacific pact his first week in office.
Stay Metrics Identifies Why Drivers Leave So Soon
Recent research concluded about one-third of newly hired drivers at a broad range of motor carriers failed to last 90 days, but experts agreed carriers could help stem the costly turnover.
Union Says Talks With GM Have ‘Taken a Turn for the Worse’
The strike at General Motors Co. entered its fourth week with the United Auto Workers union and the carmaker at an impasse over investment in U.S. factories, overshadowing progress made in recent days on other key issues.